Published on October 11th, 2013 | by Anneli Hidalgo0
Denmark and UK in interconnector agreement
UK National Grid and Danish Energinet.dk have signed a cooperation agreement on a first electricity interconnector between the two countries.
This would be the first electricity link between Denmark and the UK. Work will now begin on feasibility studies on technical and economic aspects of the project. According to the agreement, the two companies will have until October next year to look at possible routes and landing sites, budgets and permitting. The cooperation agreement is following a study that began in the spring of 2012 as Energinet.dk and National Grid decided to investigate the potential benefits and timetable for an interconnector link. The idea is that it could unlock significant economic benefits for both countries in helping to maximise the potential of both offshore and onshore wind, add to security of supply and enable a competitive market.
The agreement was signed on October 10 in London by Nick Winser Executive Director of National Grid and Peder Andreasen, the CEO of Energinet.dk. “This agreement marks the start of what will be an exciting period of work together. Closer integration of the markets can bring benefits to the UK in helping to balance our network. However much needs to be done to secure a regulatory framework that will make the interconnector a commercially feasible project, ” stated Nick Winser in a press release.
“A UK-DK cable can make an important contribution towards stronger security of supply and a more interconnected electricity market in Northern Europe.” commented Peder Andreasen.